NMLS

1) Seller can Sell property at a premium/profit with Fannie Mae financing after? 30 days •60 days •90 days - •90 days 2) A COFI index is defined as? Cost of funds index •Cost of financial index •Cost of funding insurance - cost of fund index 3) Subordinate financing relates to

The Lender Credit section of the LE and CD can be found where? - Section J The Loan Estimate after disclosure must be kept for how long? - 3 yrs after disclosure Are State-specific disclosures replaced by the new Loan Estimate and Closing Disclosure? - Federal disclosures never replace state specific disclosures Home Owner Association (HOA) dues are disclosed when?: - Only after the fee is known How long must a creditor or servicer retain the Escrow Closing Notice and the PostPartial Paym...